Chinese firm says it’s probing case of missing Russian copper
The Chinese state-owned firm whose shipment of copper from Russia went missing said it’s investigating the matter which involves a monetary value of about 110…
XI has few options to punish EU without starting trade war
China is likely to adopt limited and targeted retaliation against the European Union after the bloc unveiled tariff increases on Chinese electric cars, with Beijing…
AI demand helps Korean chip export prices to record jump in May
The price of South Korea’s semiconductor exports rose at a record pace in May, underscoring the strength of an AI rally powering the country’s economic…
CBP finds 450 pounds of cocaine concealed in a container chassis in Puerto Rico
U.S. Customs and Border Protection officers found 450 pounds (204 kilograms) of cocaine concealed within a container chassis inside the M/V Blue Wave arriving Tuesday…
Europe needs more and cheaper EVs. Tariffs will keep them costly
The European Union needs more and cheaper electric vehicles. Brussels’ decision to impose new tariffs on Chinese-made models will keep prices higher for longer, and…
Tesla presses EU for lower tariff on EVs shipped in from China
Tesla Inc. has asked the European Union to subject its electric vehicles to a lower tariff rate than other manufacturers shipping cars into the bloc…
China exports deflation but US isn’t benefiting as ties weaken
While the US and allies decry China’s industrial “overcapacity” and prepare to sharpen tariffs in response, those embracing links with the factory to the world…
Australia hopeful wine trade with China to recover as sales jump
Australia is optimistic the nation’s wine trade with China will fully recover after sales surged following the end of punitive tariffs.
US expands Russia sanctions to target LNG projects, chips
President Joe Biden’s administration is expanding the use of secondary sanctions on Russia with an eye toward curtailing the sale of semiconductor chips and other…
US weighs more limits on China’s access to chips needed for AI
The Biden administration is considering further restrictions on China’s access to chip technology used for artificial intelligence, targeting new hardware that’s only now making its…
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